Global Medical Camera Market to Post 8.7% CAGR to 2022, Projects M&M in Its Topical Research Report Available at MarketPublishers.com15 May 2017 • by Natalie Aster
LONDON – The world market for medical cameras is anticipated to grow from USD 2.43 billion in 2016 to be valued at USD 3.69 billion by 2021, registering an 8.7% CAGR over the projected period.
Among the types of cameras, the surgery microscopy camera segment is likely to grow at the fastest CAGR through to 2021 mainly owing to the rising number of surgical operations worldwide.
As of 2016, the complementary metal-oxide-semiconductor (CMOS) sensor-based cameras captured the dominant market share. A high adoption rate of these cameras has been driven by different advantages like rapid exposure rate, low energy consumption, ease of integration, and decreased production cost.
Based on resolution type, the HD cameras segment grabbed the lion’s share of the marketplace owing to increasing demand for HD visuals in surgeries.
Hospitals will likely be the leading segment in the world medical cameras market owing to surging private and government investments to modernise healthcare infrastructure and the growing number of hospitals, specifically in Asia.
Geography-wise, North America dominated the global medical cameras market in 2016, and it is projected to take the lead in the market going forward. Asia is anticipated to see the fastest CAGR, led by China, India and Japan.
Olympus Corporation, Stryker Corporation, Hamamatsu Photonics K.K., Sony Corporation, and Carestream Health are amid the leading players in the marketplace.
Topical research report “Medical Camera Market by Camera Type, Resolution, Sensor, End-Users - Global Forecast to 2021” created by M&M provides in-depth insights into the market on a global level. It classifies the market by sensor, camera type, resolution, end-use sector, and region. The study gives detailed, true insights into emerging technologies, product launches, and R&D activities. The research canvasses the market dynamics including drivers, restraints and opportunities in the market. It gives comprehensive details about the emerging markets. The report gives unbiased information on the novel products, untapped geographies, latest developments, and investments in the medical cameras market. It assesses the competition in the market and profiles the top 11 players, covering their market strategies, business and geographic segments, and product portfolios. Furthermore, future forecasts of the market are also provided in the report.
More insightful reports by the publisher can be found in the M&M catalogue at MarketPublishers.com.